affordability in New York CityPlay with the HUD-Brookings Institution's new index maps here:The Housing + Transportation Affordability Index, developed by CNT and its collaborative partners, the Center for Transit Oriented Development (CTOD), is an innovative tool that measures the true … [Read more...]
Glaeser on Affordability of NY vs Houston
Harvard Economist Ed Glaeser wrote an opinion piece in the New York Sun about the differences in housing affordability and other costs of living between Houston and New York.New York is naturally more expensive than Houston because the geographical constraints force higher density development, … [Read more...]
New Research on the Economics of Green Buildings
There is little reliable research into the economic returns of high-performance (green) features of buildings, but Professor John Quigley plans to release his groundbreaking research on the subject this Fall.I am very excited to learn this news, and will certainly look forward to reviewing the … [Read more...]
Urban[ism] Legend: Greedy Developers
This post is part of an ongoing series featured on Market Urbanism called Urbanism Legends. The Urbanism Legends series is intended to expose many of the myths about development and Urban Economics. (it's a play on the term: “Urban Legends” in case you didn’t catch that)We've all heard it said … [Read more...]
How to Obscure Reality to Make Planners Seem Important
Regular reader, Bill forwarded this article from the New York Daily News calling it an "outstanding collection of anti-density and anti-market propaganda presented (as always) as objective journalism." The article is riddled with misconceptions (aka Urbanism Legends) about zoning and development … [Read more...]
Socialist Cities
So, you think the planners in your area are taking something a little too far? Be glad you aren't in Venezuela...I wish I could link to the article by Michael Mehaffy in The Urban Land Institute's May edition of Urban Land titled "Venezuela's New Socialist Cities", but ULI doesn't provide the … [Read more...]
Want Density? Turn the Free Market Loose
Matthew Yglesias - What Price Density The solution, as Ryan Avent says, is to build denser communities. We ought to build more transit infrastructure, of course, but it's cheaper to use what we already have more intensively. And, of course, it's more practical to build new infrastructure if there's … [Read more...]
California’s Water Resources vs Development
There are some good articles out there this morning, I want to share them with you...Rationalitate - California developments halted over waterWhile the knee-jerk libertarian reaction might be disgust, I think the markets are probably ruined by the government, and current pricing isn't what … [Read more...]